Donovan v. Powers Film Products, Inc.
New York Supreme Court
Motion for judgment on the pleadings by defendants and by plaintiffs on a demurrer by defendants.
1Opinion of the CourtRodenbeck, J.
This action is one for the specific performance of an option on stock of the defendant corporation. The option covered the right to purchase $100,000 worth of stock of the par value of $10 a share within a year from the date of the option, and in case of such purchase within the year, a further option to purchase within two years from the date of the option an additional $100,000 worth of stock of the par value of $10 a share. The plaintiffs purchased stock under the option at various times during the first year aggregating $55,970 when the defendant corporation refused to make any further…
2Cases cited10 opinions
- New York & Oswego Midland Railroad v. Van HornNew York Court of Appeals · 1874
- Buffalo Jamestown Railroad Co. v. . GiffordNew York Court of Appeals · 1882
- Wadick v. . MacENew York Court of Appeals · 1908
- Butler v. . WrightNew York Court of Appeals · 1906
- Bateman v. StrausAppellate Division of the Supreme Court of the State of New York · 1903
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